Pledge and Stamp duty land tax: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: The Treasurer, November 2015, p48; Oxford Dictionary of Law, 7th Edition.)
 
imported>Doug Williamson
(Remove surplus 'the'.)
 
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An item transferred by a borrower to a lender, as a security for a debt.
(SDLT).  


The borrower remains the legal owner of the item, but if the borrower fails to repay the loan the lender has the right to sell it and to use the proceeds to pay the debt.
''UK tax.''
 
Duty payable in England and Northern Ireland on the purchase or transfer of a chargeable interest in land or property.
 
In Scotland, the equivalent tax is Land and Buildings Transaction Tax.
 
In Wales, the equivalent tax is Land Transaction Tax.
 
 
Often known colloquially as 'stamp duty'.




== See also ==
== See also ==
* [[Fixed charge]]
* [[Duty]]
* [[Lien]]
* [[Stamp duty]]
* [[Mortgage]]
* [[Stamp duty reserve tax]]
* [[Remedy]]
 
* [[Garnishee order]]
[[Category:Accounting,_tax_and_regulation]]
* [[Covered bond]]

Revision as of 10:31, 9 November 2018

(SDLT).

UK tax.

Duty payable in England and Northern Ireland on the purchase or transfer of a chargeable interest in land or property.

In Scotland, the equivalent tax is Land and Buildings Transaction Tax.

In Wales, the equivalent tax is Land Transaction Tax.


Often known colloquially as 'stamp duty'.


See also